Kardan Israel Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 69.78 million compared to ILS 73.81 million a year ago. Revenue was ILS 157.53 million compared to ILS 176.07 million a year ago. Net income was ILS 12.17 million compared to ILS 19.39 million a year ago. Basic earnings per share from continuing operations was ILS 0.08 compared to ILS 0.13 a year ago. Diluted earnings per share from continuing operations was ILS 0.08 compared to ILS 0.13 a year ago.
For the six months, sales was ILS 136.47 million compared to ILS 147.79 million a year ago. Revenue was ILS 317.21 million compared to ILS 348.89 million a year ago. Net income was ILS 27.77 million compared to ILS 44.34 million a year ago. Basic earnings per share from continuing operations was ILS 0.19 compared to ILS 0.3 a year ago. Diluted earnings per share from continuing operations was ILS 0.19 compared to ILS 0.3 a year ago.